GSAT has formed a double bottom and the down trend line has been broken and is currently back testing the now support line. Info is good, Q report showed =.01 cent profit / share as apposed to projection of -(.02 ) cent / share. Massive short position could get squeezed soon. Performance this week is 13% performance this month is 29% my target is $2.50 Market...
Looks like a solid spot for a high R/R shot into the 12s, in 2024
We have a bullish divergence on the RSI, if we get some upward momentum I expect that we break out of the descending channel.
Bearish trend line in a time line over 6 months, described by Japanese candles with a one-hour timeframe, in which they describe by the descendant movement of stock prices of the company Globalstar, Inc.
Bearish trend line in a time line over 6 months, described by Japanese candles with a one-hour timeframe, in which they describe by the descendant movement of stock prices of the company Globalstar, Inc.
Bearish trend line in a time line over 6 months, described by Japanese candles with a one-hour timeframe, in which they describe by the descendant movement of stock prices of the company Globalstar, Inc.
Bearish trend line in a time line over 6 months, described by Japanese candles with a one-hour timeframe, in which they describe by the descendant movement of stock prices of the company Globalstar, Inc.
$GSAT is looking great guys! The set up is beautiful! Aroon indicates a reversal coming. Great recent news with the announcement of Sat-fi 2 finance.yahoo.com Not to mention an anticipated earnings report. I'm bullish long on this. Follow that Fib to find your Entry and Exit points! Don't forget to Like and Share the wealth! SoWaVvY Trading
nice bounce at bottom impulsive upmovement
GSAT has recently touched on it';s resistance at $2, stoc reveals oversold most recently, a green candle has formed indicating a reversal Be weary of volume though, it isnt high enough to indicate a true reversal yet
GSAT is going to go the distance this 3rd time around. Holding for ATH.
After AT&T Buys Straight Path, Globalstar Could Be The Next Telecom Takeover Target Chart does show an uptrend is starting Entry: tomorrows open S/L: $0.73
Beautiful textbook breakout out of an corrective wedge after an initial impuls higher. We formed a nice bottom and correction seems to be over, we broke impulsivley higher above the all important 1.50 area. Look for a small corrective move towards 1.50 enter with a tight stop at 1.35 and let the market do the work for you. I love this setup. Risk:Reward = 1:5
Okay, okay, okay ... . It is likely that this company is a ginormous turd pile, but the implied volatility in it is high, so I'm pulling the trigger here on it as a small speculative trade. Metrics: Bought 100 Shares at 1.61 Sold Oct 21st 2 call Whole Package: 1.37 db Max Profit: $63 ROC: 46%